Euro edges higher against dollar (Fort Wayne Journal Gazette)
The euro edged higher against the dollar Tuesday, although gains were limited by expectations that the European Central Bank will cut its benchmark interest rate on Thursday.
Archive for March, 2009
Are Low Interest Rates Bad? – Seeking Alpha
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Are Low Interest Rates Bad?
Seeking Alpha, NY And the fundamental reasons are not that hard to figure out: when ordinary people like you and I are faced with low interest rates it makes us take a bigger risk in the chase for a better return. Most people will take a chunk of their money out of … |
Subprime is dead, but not this lender’s program – OCRegister
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Subprime is dead, but not this lender’s program
OCRegister, CA Cole said subprime borrowers haven’t paid their bills on time nor have a high level of debt to their income, or both. He also said subprime loans have large payment jumps, hefty fees and higher interest rates. None of those factors are true of Union … |
Subprime is dead, but not this lenders program (Orange County Register)
Union Bank offers discounts to lower income home shoppers.
Bernanke Treasury Plan Drives Pimco to Mortgage Bonds (Update4) (Bloomberg)
March 30 (Bloomberg) — Federal Reserve Chairman Ben S. Bernanke ’s plan to buy $300 billion of Treasuries is driving the world’s biggest bond investors away from government debt and may already be helping him lower consumer borrowing rates.